Debt Rattle March 2 2020
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John Vachon Big Four Cafe, Cairo, Illinois 1940 • China Leaves Asymptomatic Patients off Coronavirus Infection Tally (Caixin) • Epidemic Won’t
[See the full post at: Debt Rattle March 2 2020]Moments after posting this, there are another 700+ cases added. Iran + 523, South Korea +123, and more
John Vachon Big Four Cafe, Cairo, Illinois 1940
Imagine the wages when a full breakfast was only 25 cents.Stealing at 7% compound, means doubles in 10 years. That means today, a full breakfast would only be $2.00.
Hahahaha
Where.
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• Epidemic Won’t Spark Financial Crisis In China (Global Times)Think of all the seniors that won’t be there to take care of the grad kids
Think of all the new home care service jobs that are being created
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• China Gives Relief to Shield Trillions of Yuan in Bad Debt (BBG)
The USA does it better.
It lowers interest rates so that you can renew your loans and still continue to pay the lenders.
The USA does a much better response job, it locks down the first responders.
The whole world will become a buying opportunity for the bankers.Just as I was going to say:
HA! Zero comments after almost 6 hours, I finally virused out the entire commentariat!
..zero comes in and spoils the fun.
Heheheheh
The death rate is going down everyday.
With better reporting, the dead will be a statistic anomaly.
🙂25 cent cost of breakfast in 1940 is equivalent to $4.61 in 2020, according to this inflation calculator for the $US.
https://www.usinflationcalculator.com/
According to US census data, the median income for a man in 1940 was $956 per year.
“Stealing at 7% compound, means doubles in 10 years. That means today, a full breakfast would only be $2.00.
Hahahaha”
It hasn’t been that bad zero! other wise:
1950- .50
1960- $1.00
1970- $2.00
1980- $4.00
1990- $8.00
2000- $16.00
2010- $32.00
2020- $64.00Still can get 2 eggs, bacon, and toast at a greasy spoon for under $10.00 in most parts of the country.
But your point is correct. Big difference between a quarter and ten bucks. Fwiw, a US quarter was worth only 25 cents in 1940, Today, right now, it’s worth about $13.80 (US)About USD3500 for a test that doesn’t work? The nouveau-shoddy American work ethic begins at the top and has trickled down rapidly.
Great!
Lots of people thinking and doing fact checking
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@ seychelles
“…. USD3500 for a test ”
I tried to find that number without success
Gov. will not let the medical industry go bankrupt.
Therefore, I assume that if people don’t pay then the gov. will step in with that $8 Billion.“But though he certainly stumbles his way awkwardly through, the CDC would be what it is no matter which party is in charge.” Wrong…
The Trump administration fired the U.S. pandemic response team in 2018 to cut costs. (True)
Ziemer is a well-respected public health leader who was considered highly effective leading the President’s Malaria Initiative under George W. Bush and Barack Obama before joining the NSC last year. While Palladino said he left “on the warmest terms,” an individual familiar with the specifics behind the reorganization said “he was basically pushed out. He struggled to preserve himself and the integrity of his team, and he failed.”
His exit comes against the backdrop of other administration actions critics say have weakened health security preparedness, including dwindling financing for early preventive action against infectious disease threats abroad.
This has a lot of effects, but one is to make Kung-flu look dangerous. If 80k have it with 3k dead, that’s your 3% death rate. If as more likely, 900-1,000 million have it, then your death rate is 0.0003% That is, the flu.
Again, will someone show me 100,000 dead somewhere? I’ll totally believe it, but if not we don’t have a pandemic, we have a “war of the worlds” scam-and-liefest. It’s one or the other: either people are dying or they aren’t. Either we have a pandemic with a death rate or we have only 3k and a fake media drama feeding-frenzy fantasy scam. 3,000 people is a puff not a pandemic: that’s the number of people who die in TWO DAYS in the tiny U.S. of heart disease alone.
“Produce the body.” Habeus corpus.
https://en.wikipedia.org/wiki/Is_You_Is_or_Is_You_Ain%27t_My_Baby
“strict testing restrictions set by the Centers for Disease Control”
Sounds interesting. WHY did they set the testing levels so high? They get budget if more people happen. They get lambasted if they miss. Yet they want both these things on purpose.
Since clearly no one is quarantining and people are all over, why doesn’t anyone have symptoms and check into a hospital? Show me the people.“there are another 700+ cases added.”
Cases galore, yes, because thanks to these guys, there’s no quarantine at all and we’re all going to get it. Heck I probably have it by now. But is anyone DYING from it? Even in ICU?
“Tulsi Gabbard Urges Trump: Don’t Drag Us into War with Russia (ZH)”
No comments on Trump ending war in Afghanistan. Me either, he said that about Syria, but it should be said. If someone does right, can we say it? A: not if it’s Trump.
Gas cost 25c in 1946. That’s 0.18oz. Gas today costs $3.00 and silver is around $17. That’s one silver quarter. No inflation at all. You guys just love taxes and won’t say no.
“Libya, more than anyone else’s war, was Hillary Clinton’s war.” ~ Julian Assange
“And yet Hillary Clinton is out here walking free with gazillion-dollar book, Hulu documentary and podcast deals… While Assange faces 175 years in prison for exposing her crimes and many others.” – Sarah Abdallah
And yet we live in a just universe, where everything, including man, is ruled by law from top to bottom. In time it will all balance to the penny, a troubling thought for those of us who have debts on our ledger, which includes just about everyone. But don’t worry, there will be plenty of incarnations ahead to give back everything that we’ve taken.
Oh, I just noticed that my neighbors have returned early this year from wintering in Thailand. I hope they brought me something.
this is interesting. and would’nt you know I just got my first social security check.
https://fortune.com/2020/02/26/coronavirus-covid-19-cdc-budget-cuts-us-trump/
https://www.theguardian.com/world/2020/mar/01/coronavirus-washington-state-nursing-home-lockdown
Dr D makes some excellent points. Do I have a cold or do I have “the virus”.
Seems that most of the angst and danger, at least so far, is reaction to the virus (maybe over reaction?). and not the virus itself..Are we still going to quarantine(sorry won’t work with this bug) when it has already spread throughout everywhere?. What’s going to cause more suffering, the virus or reaction to the virus?
I’ve read that S Korea is considering murder charges against some cult (sounds more like N Korea).
I’ve heard about increases in hostility towards Asians. We haven’t changed much since black plague days. Well maybe we have, people back then wouldn’t be panicking yet.“My intention is not to be mean but a silver dollar is worth about 13.80”
You are correct lasttwo (typo). I should have caught that before clicking submit.
PS. I’m thick skinned. I don’t consider a legitimate correction to be mean. Truth is vastly more important than hurt feeeelings.
Will someone explain why people are stocking up on bottled water? I just heard it again on Bloomberg, and read about it yesterday happening in Hawaii and at Costco’s around the land. Do they think the water will be turned off for some reason? Isn’t this virus getting confused with an EMP?
SANDERS
If somehow Sanders is sidelined by the DNC then I would think he does have another option : create a new party!
He could create a Social Democrat Party [SDP].
Macron did this very successfully in France. Many are fed up with the usual parties so it could prove to have a tremendous attraction.
Sanders has little to lose by doing this, but younger politicians may have to think hard before risking everything to join him.
There does seem to be a need for a socialist element in American politics. Most manufacturing jobs were lost to automation, not offshoring. AI will bring about the next wave of job losses.
While truck drivers are cited as the first to go I think the main losses will be in white collar jobs such as lawyers and traders.
What happens in a society where almost no one has a job? If no one can afford to buy anything then manufacturing dies. We would move to a pre-industrial society with a small number of the extremely wealthy with a small service class to pander to their needs, and everyone else left to survive as best as they can.
Do the unemployed just curl up and die? The distribution of wealth will need to be tackled, which is where someone like Sanders will have a general appeal.
There is not 1 way to look at this, you can “prove” anything you want. Bit of a problem. A media frenzy? There hardly was any MSM attention until 10 days ago. Development now that there is media might be a slightly better way to go. The latest numbers:
China 80,026 cases 2,912 deaths
South Korea 4,335 cases 28 deaths
Italy 2,043 cases 52 deaths
Iran 1,501 cases 66 deaths
USA 96 cases 6 deathsChina: sure, cases could be much higher, but so could deaths. ‘Show me the body’ sounds cute, but a bit less so with all the stories about mobile crematoriums, energy use, air pollution etc. There’s not much of a case to be made by citing the very people who’ve been hiding numbers all the time, BEFORE the media started to report. China may have left the exponential phase, but we can’t really know that either. Xi literally means business.
South Korea: most cases are in that sect, and they may well be hiding many deaths too. And how open and honest is the government? Cases easier to admit than deaths?
Italy: only 10 days ago, on Feb 22, when S. Korea cases jumped to 156(!), Italy first became a thing with 30 cases and 2 deaths. 2,000 cases now and a 2.5% death rate
Iran: what can we say and know? 1,500 cases, 66 deaths. Why would any Iranian tell anyone from the west anything true? ‘Cause “we” deserved it? Watch Pakistan and other neighbors going forward for a better idea.
US: may have tried to hide disease progress, but those days are gone. The MSM has entered, and pretend they invented it all, when they were 2 months late. From naught to 100 and 6 deaths is right in line with exponential progress for now, looks like Italy, Iran recently.
There will be many more countries entering phase 0 now, so it’ll be easier to follow. The MSM, wrong and late as they are, do add the quality that hiding things got harder.
From what I can see, it’s too early for many conclusions. I’ll just keep following events.
Will someone explain why people are stocking up on bottled water?
For the same reason they drink bottled water when they can get it out of the tap.
I’ve been real busy, guys. Lots of gardening work. Tulsi Gabbard has a “Town Hall” in Austin tonight, and Jenny and I are gonna’ help out, too, like we worked the banner and pamplets on “the drag” by UT yesterday.
http://www.johndayblog.com/2020/03/researching-facts-and-relationships.html
Professor Anthony Hall has undertaken a 5 part series to investigate broadly and deeply the origins of the 2019 novel coronavirus. I knew he was working on this project, but I had no idea how much work, and how excellent. Many of the sub threads in this long first installment are related to stories I have linked to in the past couple of months, but I am gratified that Professor Hall has really dug around under the floorboards of each story, to present what the strongest and weakest aspects are.
As shall be demonstrated, the Wuhan Institute of Virology is thought by some experts, including a prestigious group at the South China Technological University in Guangzhou, to be the probable source of the contaminant. As shall be demonstrated below, the Wuhan Institute of Virology and its outgrowth, The National Biosafety Laboratory, are thought by some to be integrated with more secretive sites where the military operations of China’s alleged biological warfare program are centered.
A focus on the kind of procedures that take place at the Wuhan Institute of Virology begs the question of whether an accidental viral escape from this agency forms the primary origin of the epidemic. Another possibility is that some sort of power play within China’s ruling elite might have led to the decision to create and release a bioweapon in the heart of one of the most heavily populated zones on earth.
Yet another possibility is that the Wuhan Coronavirus epidemic is part of some agenda of “hybrid warfare” by the US government against China. Speculation surrounding this scenario emphasizes that hundreds of US soldiers were in Wuhan in late October of 2019 for the World Military Games.
https://ahtribune.com/world/3930-who-or-what-started-the-wuhan-coronavirus.htmlReminder: Take 5000U per day of vitamin-D. Start with 10.000U/d for the first month.
This article from “Tyler Durden” of Zero Hedge continue the proud tradition that got them deplatformed from Twitter for spreading conspiracy theories that are now conventional wisdom. Rough around the edges, then…
“What Are The Odds?” – A Timeline Of Facts Linking Covid-19, HIV, & Wuhan’s Secret Bio-Lab
https://www.zerohedge.com/geopolitical/what-are-odds-timeline-facts-linking-covid-19-hiv-wuhans-secret-bio-labneoh – thanks never know how people will respond
Anti – IMHO you are 100% correct. Battery assembly mid 90s – a 5 person line could assemble 500 batteries a shift by the mid 2000s automation a 3 person line could make 2000. 80% of the labor force is no longer needed. — what do you do with all the people left over? It maybe time for Bernie. I would rather the money went to a better quality of life for all then a few rich warmongers.
That said work is important to the ego. People without work often find themselves with other issues(opium and alcohol for example). For most of us our minds need to be occupied. There is a lot that could be done to improve the current reality. Have you have ever been to some of the parks built by the CCC and the work done by the WPA during the depression. Now it could be solar panels on government buildings and more green new deal things. . Not sure where I stand on it but keeping people working and the pride that comes from accomplishment and earning a paycheck means a lot. The other alternative is we could teach people to enjoy learning and exploring and be self motivated. not sure how to do that even with myself some days. sorry for the rambling I know what is currently happening with 1% owning so much is not sustainable. The revolution will happen it can be Bernies or it can be something far less civilized and the rich have no one to blame but themselves (you get a tax cut and you get a tax cut.)
John Day thank you for helping Tulsi Gabbard – the best Candidate in my opinion. Maybe a Bernie Tulsi ticket. Tulsi – Bernie would be even better. thanks again
Okay, I have to admit that I buy bottled water sometimes, too- in those really flimsy little bottles that crumple enough to fit in my back pocket. Hunting mushrooms is very thirsty business (I can hardly wait until May!) I reuse them until they leak.
Speaking of leaks, the market-balloon today kept getting pumped up but continued to leak until just before the close, whereupon someone figured out how to patch latex under pressure.
Costco is up 10%.
(For no reason other than that it just popped into my head: Depravity, depravity; reliable as gravity.)
Grammar correction from my post above: Aren’t people getting the virus confused with an EMP?Printing makes everywhere a Lalaland
No country wants to be left out.
Even Canada is talking about joining a tele-conference for tomorrow to lower interest.
Lowering interest only helps
1. those who have loans with interest that they got trouble paying by re-financing their loans
2. carpetbaggers who use cheap money to buy out those who cannot get cheap money
3. those owners who will keep getting a paycheck while setting up for a bankruptcy.
4. the bankers
5. the accountants
6. the lawyers
7. the governmentI guess that is a good reason for the markets to be flying high.
Even the stocks of the drug companies that had a meeting with Trump are flying high.
(The promise of getting some of that $8 Billion)
——
I’m spitting distance from the disclose virus outbreak.
I went to the food court to eat oriental.
I’m in contact with grade 1 and grade 3 kids
I hug a person with a virus.https://www.stlyrics.com/lyrics/allthatjazz/byebyelife.htm
Bye bye life
Bye bye happiness
Hello loneliness
I think I’m gonna dieWhen the House decided $8 billion, not $2.5 billion, was just the right amount required to fight the coronavirus, the first thing that popped into my mind was graft!
With only $2.5 billion, the House critters would be hard pressed to create enough kickback paths to keep them properly lubricated for their trouble and effort! $2.5 billion divided by 525 House members is a tad less than $5 million each with a 10% kickback amounts to only about $500K each. Not going to get rich doing small potatoes!
Now with $8 billion, the House critters will get about $20 million each to play with! With the usual 10% kickback fee, they will now get $2 million each! Now were talking some serious change!
What’s that you said? It’s supposed to be about helping the people? You got to be kidding!
Up here in Canada, woke Trudope refuses to cancel direct flights with Iran even though most of Canada’s recent coronavirus cases stem from Iran. We are doomed!
Trump may have to jerk Trudope’s chain by threatening to close US/Canada border!
My parents said know:. In a prior life, I used to work for a company that made the machines and molds used to make many of these plastic water bottles worldwide.
Supposedly, after making the plastic bottles, the bottles are supposed to be left to sit for a week to let the remaining gases escape.
It used to amuse me to no end, when I would over hear other company service reps say they would never drink water out of a plastic bottle, if they could help it! They thought tap water was likely safer!
Raul:. Well, you have finally done it! Julian is being tried in a Kangaroo court!
The deep state will never let Julian talk or their hoax Russian narrative goes up in smoke!
Speaking of kangaroos, in 1981/2, I was driving around in NSW and Queensland, an Australian made Holden car, adorned in the front with “good for one roo” plastic kangaroo bars! Thankfully I never hit a big red!
Zerosum:. Regarding your #1 to #7 list. Shakespeare almost had it right! “First we kill all the lawyers!”
GRAFT
Test kits
They are talking about having 1 million test kits ready this week.
It doesn’t matter if they work.
What matters if what will be the cost of production and how much will they charge for the kits.
If the gov. pays for the test kits then the test kits should be free.
The experts administering the test, are charging who and how much.
Again, if the invoice is to the gov. then it should be free.The virus is the oil for the printing press
print print print print print print print printAnticlimactic:. The DNC will kill off Bernie Sanders! That is a given from the start! It is part of the plot!
Hillary in is the DNC’s theatre director.
This is the DNC’s theatre production and Bernie is just one of the 20 or so political actors hired to perform in staging this public spectacle!
First, notice Bernie isn’t complaining! He never complains!
Each actor is paid by allowing them legally divert 15% of all campaign contributions to themselves. That is why they can afford to have such a big cast!
Notice the DNC is now starting to kill off more members of the cast! Just like TV actors getting voted off the island!
Now we wait to see who the DNC director’s real nominee will be!
Zerosum:. Graft! You got that right!
When I was in high school, taking electrical lab, I made the mistake of labelling one of my electrical graphs, “graft”! My wise Quebec teacher circled the word “graft” in red and in the margin wrote “Quebec’s favorite indoor sport!”
Since then, I have never confused the use of these two words, graft/graph!
I just read on Mercola website that optimizing vitamin and mineral levels (ie re mention of vitamin D, plus liposomal vitamin C, zinc, beta glucan) helps the body fight flu. Note that this is different from/in addition to using pathogen destroyers (ie garlic) which will reduce the work required of the body to fight the disease.
https://articles.mercola.com/sites/articles/archive/2018/10/29/cold-and-flu-prevention.aspx
Dr. D. Agree, we will probably never know the true death rate in China especially after the CCP sent their most ruthless security person to Wuhan. Now we hear crickets!
But Iran may soon give us a clue as to what really happened in Wuhan.
Adrian Day:. Hope your gardens are doing well. Enjoy the rally!
Up here in Toronto the ground is still covered in a foot of snow! I can only dream of a green spring!
I sure did enjoy my time living in Gallup, New Mexico and Window Rock, Arizona.
On a totally different path, but pertinent, I think, to the virus: can anyone imagine a [mathematical] model without boundaries? I play “Bayesian” bridge, for example- much to the consternation of my fellows- but I think that modeling the virus needs to consider this sort of thing: par[a/i]meters expand; results may vary. Humans are sooooo boundary-obsessed. What does the math look like on the boundaries of a model?
By the way, I usually only get here after a bottle of wine. Villa Cafaggio Chianti Classico 2010, to be exact. Good-night, all.Dr. D asks where are the bodies? I ask where is the smoke?
The air has not been this clean in central China for years:
http://aqicn.org/city/wuhan/Hi WES,
Tulsi shook my hand when she came out, and listened to me say that the US needs 6 billion doses of chloroquine to treat everybody (assuming a high infection rate, eventually)
My wife, Jenny took a picture, and Tulsi hugged her and said she was glad to see her there.
I can’t figure out how to post the picture Jenny got of us talking.
Hmmm… Maybe I did it.
Nope, can’t load the picture.
Here, I posted it on the blog.
http://www.johndayblog.com/2020/03/six-billion-doses.html
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